
0xFran π«
@0xfran
784 Following
2281 Followers
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1. This will be much better than content coins
2. This will be much worse than content coins
The Zora model is too complex and doesn't serve anyone. Creators make some fees, most ppl lose money, bots dump on you. To win you have to be early, watch the price, sell at the right time?! Who has time for that
In the end, most people will be left with illiquid coins. Oh and the creator gets a bunch of coins too. But they can't sell them or they'd be dumping. Ok? Bad system. Pure retail fleecing
So why is this worse? Cos there's no gambling element whatsoever. U buy an NFT, it is totally and absolutely illiquid. So it's a tip. That's it. It's a tip. So... just give a tip?
But wait, we already have a bunch of tipping apps competing with each other (Noice, Tipn, Degen, others?), why would MM release their own? 5 replies
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